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Rob Johnson is the President of the Institute for New Economic Thinking (INET). Johnson received a Ph.D. and M.A. in Economics from Princeton University and a B.S. in both Electrical Engineering and Economics from the Massachusetts Institute of Technology. #economics #money #finance #livestream
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Rob Johnson is the President of the Institute for New Economic Thinking (INET). Johnson received a Ph.D. and M.A. in Economics from Princeton University and a B.S. in both Electrical Engineering and Economics from the Massachusetts Institute of Technology. #economics #money #finance #livestream
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Steve Keen considers the following as important:
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| Rob Johnson is the President of the Institute for New Economic Thinking (INET). Johnson received a Ph.D. and M.A. in Economics from Princeton University and a B.S. in both Electrical Engineering and Economics from the Massachusetts Institute of Technology. #economics #money #finance #livestream |
Thank you, great episode!
Thank you for watching each week my friend.
It's a treat to see Rob from INET and the conversation amongst y'all. Plus great tunes. 😀
Yes it was really great to have him on, also thank you for all you great comments (every week), really helps make the show feel more alive.
@Ty Keynes ty. I have a suggestion for a guest, James Burke (the historian of Connections fame), if he is still able. He’s ~89 but both Connections and a later program in the early 90s (!) on climate change might make him hugely interesting to talk to. He has a very different take on history, one that should be influential.
But will the market go up or down ?
Great show – two of my favourites. The GFC was the start of my journey into heterodox economics. Both pivotal – Steve with his seminal book Debunking Economics, and Rob with his collaborative and investigative INET podcasts. Love to see Bill Mitchell on the show and a discussion on full employment as an objective vs efficient rate of employment and UBI.
I do have a MMT economist in mind to come on the show, but I cant say who because it's still top secret.😉
Great show!
Thank you for watching.🙂
Is that dude allergic to bread or something? Sniffing all the way through it.
Engineer here! Steve, your Minsky analysis methods are the only way that economics models make mathematical sense to me. Always appreciate your videos. I hope you will come to Canada some time; we have big problems up here and we need minds like yours to help us solve them.
Great show
Likes the new format of chat and model building at the same time, even though I can't rely on listening to replay in the car now
💢
Just throwing a request out there: I would LOVE it if you could have Michael Hudson on the show some day. I'm super curious about Steve's perspective on rentier capitalism vs industrial capitalism, which is what his latest book is about.
Michael is a close friend, as well as one of the greatest thinkers in economics, so that'll be easy to arrange.
Great discussion. I have been following Steve Keen for many years, since I first read Debunking Economics. His Minsky software is great and Ty is a great help in talking us through how to set up a model.
But don’t put scientists on a pedestal for unbiased scientific thinking. They have their ideological dogmas too, especially in astrophysics (Big Bang timeline now being embarrassed by James Webb Telescope images), nuclear physics (standard model ‘rules’ of atomic structure becoming more like Ptolemaic epicycles) and even archaeology ( inexplicable precision of monolithic construction and turned vases of predynastic Egypt).
Good points. The difference for science though is that empirical data can't be ignored in the way that Neoclassicals turn a blind eye to anything that doesn't fit their paradigm–which is, therefore, most of the real world. The anomalies in genuine sciences remain and can't be ignored, even if the existing paradigm doesn't like them.
Like Dan, I like to listen to Steve and friends.
@8:35 Steve has reached M-omniscience and knows all Minksyᵀᴹ modellers. This is going to f up all the zero intelligent agent models.
There is a a covert database of Minsky users, much like the US no fly list.😂